Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2025
  • September
  • Lockheed Martin wins $9.8 billion Patriot missile contract
  • Market News

Lockheed Martin wins $9.8 billion Patriot missile contract

Editor September 3, 2025 1 minute read
2025-09-03T192434Z_1_LYNXMPEL8216J_RTROPTP_4_LOCKHEED-MARTIN-RESULTS

By Shivansh Tiwary and Mike Stone

(Reuters) -The U.S. Army awarded Lockheed Martin a $9.8 billion contract for Patriot missiles, the company said on Wednesday, as demand for the missile defense interceptor from the U.S. and foreign militaries continues.

It is the largest order ever of Patriot missiles. Lockheed is manufacturing the newest version of the interceptors that arm the Patriot, known as PAC-3 MSE, which cost about $4 million each, according to Army budget documents.

The Patriot system is among the sophisticated air defense units supplied by the West to Ukraine as it continues to fight Russia’s invasion and could be employed in U.S. President Donald Trump’s Golden Dome missile defense shield.

The highly agile Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors produced under the contract would go to the U.S. Army and a handful of U.S. allies.

The Navy anticipates integrating the Lockheed Martin-made missiles with ships’ air defenses.

The contract covers 1,970 PAC-3 MSE missiles and associated hardware.

(Reporting by Shivansh Tiwary in Bengaluru and Mike stone in Washington; Editing by Alan Barona)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: Salesforce forecasts weak current-quarter revenue, shares fall
Next: Airbus delivered 61 jets in August, sources say

Related Stories

ChatGPT Image May 8, 2026, 02_36_16 PM
  • Market News

S&P 500-Nasdaq Composite Sizzle – by Justin Vaughn, Editor, Options Trading Report

Editor May 8, 2026
ChatGPT Image May 1, 2026, 01_52_05 PM
  • Market News

AI Reality – by Justin Vaughn, Editor, Options Trading Report

Editor May 1, 2026
ChatGPT Image Apr 24, 2026, 11_57_50 AM
  • Market News

An Historic Economy – by Justin Vaughn, Editor, Options Trading Report

Editor April 24, 2026

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting your email address, you'll receive a free subscription to Options Trading Report newsletter (Privacy Policy). These newsletters are completely free - and always will be. You will also receive occasional offers about products and services available to you from our affiliates. You can unsubscribe at any time.

Search

Recent Posts

  • 21 Banks Are Brokering the SpaceX IPO
  • 21 Banks Are Brokering the SpaceX IPO
  • The Sneaker Stock Beating the Market
  • NVDA Reports May 20. Options Imply a 7% Move.
  • AMD Hits a 52-Week High. The Numbers Back It Up.

Categories

  • Business
  • Domestic
  • Economy
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

c0e622d6-13bc-409c-b1f8-79fed0022154-1
  • Newsletters

21 Banks Are Brokering the SpaceX IPO

Editor May 12, 2026
c0e622d6-13bc-409c-b1f8-79fed0022154
  • Newsletters

21 Banks Are Brokering the SpaceX IPO

Editor May 12, 2026
92362fb1-f6ef-4e37-98dc-d317d3f4d944
  • Newsletters

The Sneaker Stock Beating the Market

Editor May 12, 2026
094030a2-c478-4207-8fd5-f94506361b9f
  • Newsletters

NVDA Reports May 20. Options Imply a 7% Move.

Editor May 11, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com SITE_OK